From: BankInfoSecurity

Budget Addresses Threats Posed by Quantum Computing


It’s barely a drop in the bucket, but President Obama is earmarking $7 million of his nearly $4 trillion federal budget to help the National Institute of Standards and Technology provide stronger cryptographic solutions and enhance privacy tools.

If approved by Congress for fiscal year 2016, which begins Oct. 1, NIST would hire 10 new fulltime employees to work on its cryptographic and privacy initiatives.

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